Harwood Private Equity has bought Crest Foods, a provider of dairy stabilizers, contract packaging and branded and private-label dry food manufacturing.

Founded in 1946, Crest Foods offers food manufacturing, packaging and product development services. The acquisition gives Crest a partner to lead the company into its next phase of growth while maintaining its focus on value-added services to its blue-chip customer base and consumer brands.

Brown Gibbons Lang & Co. served as financial advisor to Harwood.